"I think the public is walking into a trap again as they did in 2007," activist investor and chairman of Icahn Enterprises Carl Icahn told CNBC. "I think it's almost the duty of well-respected investors, like myself I hope, to warn people, to tell people, that really you are making errors...
Aud/USD 4hr Up Channel , looking for bullish pattern to complete 100% rejection fibo , Having Support on 100 MA (0.7724) with 38.2 Fibo, another 4hr Support with double bottom on (0.7679) 0% fibo, it could be break 38.2 fibo to complete 50% (0.7760) or 61.8% ( 0...
ISM Index (Institute of Supply Management's index, former NAPM - National Association of Purchasing Managers) is the index of business activity. ISM figures above 50 are usually considered as an indicator of expansion, while values below 50 indicate contraction...
CHF/JPY: Long postion closed Position has been opened on May 6 and closed today with a profit of 189 pips. In the last days the pair is consolidating and the 4 Hour chart is looking weak, the other charts are showing some weakness too...
"EUR/USD is watching the Greek debt talks but following the bond market. EUR/USD moves correlate more at the moment with the 10yr Bund/Treasury spread that with 2-year spreads." "These correlations are not going to last for long. But for now, we suggest that EUR/USD is currently in a 1.11-1...
Speculation around a US rate hike, some much needed strength from the US economy and weakness in the Yen all made for a nice little melange to push the FletcherGoldman signal into profitable territory this week...
"This could be due to lingering uncertainty about the deal. Indeed, various media reports have highlighted creditors' concerns that the new proposal is putting too much emphasis on new taxes (on both businesses and households) to balance the books...
Distribution within two points, two somehow fixed levels, and an unstable mode to the upside; meaning participants are distributing their security at certain minimum price...
Investors look way more optimistic as they notice creditors and Greece are slowly moving to the last-minute deal, though not everything is going smooth. Anyhow, questions arise on who will be left to hold the bag if Greece defaults...
Queen Elizabeth II may have to move out of Buckingham Palace during much-needed renovations to the residence, which has not been substantially redecorated since she took the throne in 1952, royal officials said Wednesday...
The euro pared gains against the dollar on Wednesday as Greek debt negotiations faltered after Prime Minister Alexis Tsipras said creditors have refused to accept some of Athens’ latest proposals. EUR/USD was last at 1.1183, off highs of 1.1235 hit earlier in the day...
India's rupee has been a cheerless investment this decade, plunging 38 percent over the past 5 years and far underperforming its Chinese rival which has added near 10 percent gain over the same period...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 24th The U.S. dollar index was up 1.17% at 95.63 on Tuesday, the highest level since June 12. EUR/USD fell 1.61% to two-week lows of 1...
3 Numbers: German Ifo survey setback, US mortgages, US Q1 GDP The Ifo survey update will show a minor decline in German macro expectations Positive tailwinds in US housing point to a likely rise in mortgage applications The Q1 slump in the US is on track to ease in today’s revised GDP report By J...
On Tuesday's trading yesterday, the U.S. dollar index rose supported by the release of the new home sales data in the us to reach the highest level of 7 years. Sales of new homes in the u.s. are recorded as much as 546.000 units, higher than the previous period 534.000 units...
CHF/JPY: Long Position has been opened on May 6. In the last days the pair is consolidating and the 4 Hour chart is looking weak, the other charts are showing some weakness too. Although the currency score is still looking fine with the CHF having a currency score of 6 and the JPY a score of 2...
W1 price is located above 200 period SMA and 100 period SMA for the primary bullish with secondary ranging between 38.2% Fibo support level at 94.27 and Fibo resistance level at 97.30: 24.6% Fibo support level at 95...
